Business car loans are highly versatile and can be used across a wide range of industries and vehicle types. Whether you're a sole trader or a growing enterprise, here are some common ways business vehicle finance can support your operations:
We have access to multiple lenders, including specialist commercial options, not just one bank’s policy.
The Sapphire team deliver end-to-end coordination, from application through to settlement, so the truck purchase stays on track.
With access to a wide range of products and lenders, we'll help you find the lowest rates and fees on truck finance.
We take care of all the paperwork, saving you time and effort so you can get your loan approved fast and hit the road sooner.
Because we take care of filtering suitable products and lenders, you avoid wasted time on lenders that are unlikely to approve your scenario.
Whether you're buying one truck or looking to finance a commercial fleet of vehicles, we’ll customise your finance to suit.
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Every transport business is different, which is why we start with the finance structure, not a one-size-fits-all rate. Depending on your goals, the asset, and your tax position, we can help you compare options for a wide range of transport assets, including:
- Prime movers, rigids, tippers, tray trucks and utes for trade fleets
- Refrigerated trucks, vans and delivery vehicles
- Tankers, flat tops and specialist bodies
- Trailers, dog trailers and combinations (where applicable)
- New and used trucks purchased via dealers, auctions or private sale (lender dependent)
Most lenders will assess a mix of:
- The truck itself: age, condition, mileage, manufacturer, resale profile
- Your business profile: ABN length, industry, revenue consistency, existing liabilities
- Serviceability: whether repayments fit comfortably within your current cash flow
- Contribution: deposit or trade-in (if applicable), plus potential balloon/residual options
The goal is not just approval. It is securing terms that keep your working capital available for fuel, wages, maintenance and growth.
Truck finance is a type of commercial lending used to purchase a truck or heavy vehicle for business use. Instead of paying the full cost upfront, you repay the amount borrowed over an agreed term, usually with the truck securing the loan. Truck finance can be structured in different ways depending on whether you want to own the truck immediately and how you want repayments to work.
Commercial truck financing allows businesses to buy a truck using a finance product such as a chattel mortgage, finance lease, or hire purchase. The lender assesses your business income, the truck’s details, and affordability, then offers a loan structure and term. Repayments are made over time, and you may be able to include a balloon or residual amount to reduce regular repayments, depending on the lender and product.
Yes. Many lenders offer truck finance Brisbane options for sole traders, provided you can show consistent income and your business meets their criteria. Depending on your circumstances, you may be able to apply using BAS and bank statements, or full financials if available.
In most cases, lenders can finance new and used trucks including prime movers, rigid trucks, tippers, tray trucks, refrigerated vehicles, and a range of specialist bodies. Some lenders also finance trailers and combinations. Eligibility can depend on the vehicle’s age, condition, and intended business use.
Yes, used truck loans Brisbane are common. Lenders will typically consider the truck’s age, kilometres, condition, and resale value. Some lenders have age limits at the end of the loan term, so the structure and term may vary depending on the truck you are buying.
This depends on the lender, the truck, and your business profile. Some applications may be approved with a small deposit or no deposit, while others may require a contribution or equity in a trade-in. A deposit can sometimes improve approval odds or reduce repayments.
Approval timeframes vary based on the lender and how quickly documents are supplied. Some applications can be assessed quickly when the truck details and supporting paperwork are ready, while others take longer if valuations or more complex financials are required. Sapphire Finance helps streamline the process by matching you with suitable lenders and preparing your application properly.
Document requirements differ by lender, but commonly include identification, ABN details, and evidence of income such as bank statements, BAS, and sometimes financial statements or tax returns. You will also need the truck details, usually an invoice or contract, plus information such as VIN and build year if available.
As a Brisbane-based finance broker, we have in-depth knowledge of the local market and a wide network of lenders.
Decades of expertise in personal and business borrowing means you benefit from a deep understanding of the lending market.
We’re passionate about what we do and always strive to deliver a great client experience.
We take the time to understand your financial situation and goals, offering bespoke solutions that truly meet your needs.
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